Betting on U.K. Referendum Expected To Hit Record for Political Event

By

Joseph Ataman

Jun 9, 2016 1:54 pm ET

British bookmakers and betting exchanges are expecting this month’s European Union referendum to be the most bet-upon event in British political history. Betfair, the British betting exchange, estimates the British betting industry will take £100 million ($145 million) by June 23, the firm’s spokeswoman Naomi Totten said. That would surpass the £40 million placed in bets […]